Generali Asset Management SPA SGR Reduces Stock Position in Aptiv PLC $APTV

Generali Asset Management SPA SGR cut its holdings in Aptiv PLC (NYSE:APTV) by 19.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,569 shares of the auto parts company’s stock after selling 6,554 shares during the period. Generali Asset Management SPA SGR’s holdings in Aptiv were worth $2,291,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. True Wealth Design LLC increased its holdings in shares of Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 181 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 398 shares in the last quarter. 1248 Management LLC purchased a new position in Aptiv in the first quarter valued at approximately $34,000. Allworth Financial LP raised its holdings in Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 357 shares in the last quarter. Finally, Cromwell Holdings LLC lifted its position in shares of Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after buying an additional 565 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Trading Up 3.0%

Shares of APTV stock opened at $78.41 on Friday. The company has a market capitalization of $16.94 billion, a P/E ratio of 62.23, a price-to-earnings-growth ratio of 0.92 and a beta of 1.50. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $78.48 and its two-hundred day moving average is $77.17. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period last year, the company earned $1.83 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. Equities analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Argus raised their price objective on Aptiv from $78.00 to $99.00 in a report on Monday, November 10th. Piper Sandler boosted their target price on Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Bank of America raised their price target on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Citigroup initiated coverage on Aptiv in a research report on Friday, October 10th. They set a “buy” rating and a $109.00 price target on the stock. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $96.63.

About Aptiv

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.